The market surprised us this morning with a strong performance. It could be supported by confidence in Housing, as existing sales were better-than-expected and downright positive (stay tuned for more numbers from housing sector tomorrow). Or it could be a technical move off of support at 1343 for S&P 500, which would be nice if the market recognized at healthy 10% sell-off and is now moving forward. Read more about What the Market Wants: A $64 Trillion Dilemma

The recent release of the PPI index, and specifically the core PPI, has sparked some interest into how it relates to stock market returns. Calafia Beach Pundit thinks that the PPI inflation of 3.5% points to higher yields ahead. Read more about Potential Stock Picks Based on PPI Index

I can’t light, no more of your darkness
All my pictures seem to fade to black and white
I’m growing tired and time stands still before me
Frozen here on the ladder of my life

Too late to save myself from falling
I took a chance and changed your way of life
But you misread the meaning when I met you
Closed the door and left me blind, by the light Read more about Dark Horse Traders' Hedge: Don’t Let the Sun (Trust) Profits go Down – Part II

Obsessive, Compulsive

Suffocates your mind

Confusion, delusions

Kill your dreams in time

You ask me how I took the pain

Crawled up from my lowest low

Step by step and day by day

‘Til there’s one last breathe to go

Live to win ‘til you die Read more about Live to Win With These 3 Buy/Writes Reviews

DARK HORSE HEDGE UPDATE

The Dark Horse Hedge is a new portfolio being built by Scott Brown of Sabient and Ilene at Phil's Stock World.  We started the DHH newsletter on June 30, and have been adding long and short positions over the past two weeks.  Click here to read more about DHH and our thoughts on the market, and to follow along as we add new stocks to our growing portfolio of long and short positions. Read more about THE DARK HORSE HEDGE 7-18-10